Active Listing  ·  57 days on market

610 Riverway Ln

Leander, TX 78641
$325,000
3 Bed 2 Bath 1,716 sqft $189/sqft Built 2000 0.17 acres 2-Car Garage Pool North Creek Sec 03a

Welcome to this beautifully maintained home in Leander that perfectly blends comfort, style, and functionality. This inviting property features a spacious and open floor plan, ideal for both everyday living and entertaining. Culinary delights await in the bright, open-concept kitchen with eat-in dining area and all brand-new stainless-steel appliances. The spacious sun-filled living room offers a recessed area for your media center, a ceiling fan, and direct access to your backyard through double sliding glass doors. Large and comfortable primary bedroom has neutral tones, plush carpeting, wide window for natural light, a generously sized walk-in closet, and en-suite bathroom with garden tub/shower combo and ample storage. A special bonus room with French doors offers a vaulted ceiling, ceiling fan, and natural light that could be used for a home office, playroom, or formal dining. This home also offers a spacious, fully fenced backyard for outdoor recreation and relaxation. No HOA!

At $189/sqft, this home is 21% below the Leander active market average of $239/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

610 Riverway Ln, Leander, TX 78641

Property Details

Price $325,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,716 sqft
Lot Size 0.17 acres (7,448.76 sqft)
Year Built 2000
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision North Creek Sec 03a
County Williamson
Zip Code 78641
$/sqft $189/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236853921
List Date June 20, 2026
Elementary School Bagdad
Middle School Leander Middle
High School Leander High
School District ,

Luke Allen (TREC #788149) has deep knowledge of Leander and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Leander

Comparable Listings Right Now

Homes currently for sale in Leander with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1653 Coral Sunrise Trl
Retreat/Hero Way
$324,999 $159 4 bd / 3 ba 2,046 sqft , 2026-03-23
701 Los Robles Rd
Estates of North Creek Ranch Sec 02
$320,000 $204 3 bd / 2 ba 1,572 sqft , 2026-03-13
607 Sparkling Brook Ln
North Creek Sec 03a
$330,000 $168 4 bd / 3 ba 1,964 sqft , 2026-04-02
710 Encanto Dr
ESTATES OF NORTH CREEK RANCH SEC 4
$330,000 $160 3 bd / 3 ba 2,062 sqft , 2026-08-05
1005 W South St
Westview Meadows Ph 01
$315,000 $157 3 bd / 2 ba 2,001 sqft , 2026-05-27

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,560/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$65,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,560
Principal + Interest−$1,774
Property Tax (~2.1% TX avg)−$569
Insurance (~0.5%)−$135
Est. Monthly Cash Flow $-918

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Leander, TX

Leander sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 25 min SE
Dell Technologies HQ 20 min SE
Samsung Austin Semiconductor 30 min SE

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on June 22, 2026.

📞 (254) 718-2567 [email protected] More about Luke →